Analyst Valuation and EPS Growth for Sanderson Farms Stock Forecast, Price & News (NASDAQ:SAFM)

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Earnings results for Sanderson Farms Stock Forecast, Price & News (NASDAQ:SAFM)

Sanderson Farms, Inc. is expected* to report earnings on 08/27/2020 before market open. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.07. The reported EPS for the same quarter last year was $2.41.

Sanderson Farms last released its earnings results on May 28th, 2020. The reported $0.28 EPS for the quarter, beating the consensus estimate of ($0.80) by $1.08. The firm had revenue of $844.70 million for the quarter, compared to analysts’ expectations of $854.43 million. Its revenue for the quarter was down .1% compared to the same quarter last year. Sanderson Farms has generated $2.51 earnings per share over the last year. Sanderson Farms has confirmed that its next quarterly earnings report will be published on Thursday, August 27th, 2020.

Analyst Opinion on Sanderson Farms Stock Forecast, Price & News (NASDAQ:SAFM)

7 Wall Street analysts have issued ratings and price targets for Sanderson Farms in the last 12 months. Their average twelve-month price target is $141.00, predicting that the stock has a possible upside of 21.53%. The high price target for SAFM is $168.00 and the low price target for SAFM is $100.00. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of “Hold.”

Sanderson Farms has received a consensus rating of Hold. The company’s average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings. According to analysts’ consensus price target of $141.00, Sanderson Farms has a forecasted upside of 21.5% from its current price of $116.02. Sanderson Farms has only been the subject of 2 research reports in the past 90 days.

Dividend Strength: Sanderson Farms Stock Forecast, Price & News (NASDAQ:SAFM)

Sanderson Farms has a dividend yield of 1.11%, which is in the bottom 25% of all stocks that pay dividends. Sanderson Farms has only been increasing its dividend for 1 years. The dividend payout ratio of Sanderson Farms is 51.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Sanderson Farms will have a dividend payout ratio of 30.62% next year. This indicates that Sanderson Farms will be able to sustain or increase its dividend.

Insiders buying/selling: Sanderson Farms Stock Forecast, Price & News (NASDAQ:SAFM)

In the past three months, Sanderson Farms insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $286,643.00 in company stock. Only 5.38% of the stock of Sanderson Farms is held by insiders. 87.34% of the stock of Sanderson Farms is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Sanderson Farms Stock Forecast, Price & News (NASDAQ:SAFM

Earnings for Sanderson Farms are expected to grow in the coming year, from ($3.68) to $4.18 per share. The P/E ratio of Sanderson Farms is -966.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Sanderson Farms is -966.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Sanderson Farms has a P/B Ratio of 1.81. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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